Connect to Iliad Solutions’ FedNow Service
t3 will enable you to build, launch and iterate modern payments products that are secure, scalable and compliant. It’s what we’ve been doing since 2004.
Offer your customers the latest real-time payment experiences. Connect to the FedNow Service quickly and confidently using our world-renowned testing and certification platform.
About The Iliad Testing Solution for the FedNowSM Service
Watch this short demo to see how Iliad’s virtualised FedNow Testing Solution enables you to quickly prepare your organization’s internal systems for FedNow.
Financial institutions can harness our ‘receive’ option if they only want to allow customers to accept incoming payments. Alternatively, we offer a ‘send and receive’ option for banks that wish to support both incoming and outgoing payments.
Key features
On top of this, there are a number of key features which provide you with confidence and control:
Bespoke
- Supports the testing of all FedNow’s message scenarios.
- Allows the development of the participant’s own tests to ensure your environment is ready.
- Manual testers can run automation using Iliad’s test studio and palettes with a blend of test data.
Advanced
- FedNow message version updated prior to FedNow releases.
- Supports multiple communication protocols including HTTPS, TCP/IP, MQ.
- Powerful “presentation of results” enables Users to identify where errors have occurred. Test results are readily available, easy to understand and immediately show users where problems lie and their causes.
- Use of centrally managed data rather than localised silos ensures data persistence and availability, while eliminating the possibility of losing test data and configurations.
Control
- Fully simulates the FedNow service and a participant.
- Enables FedNow participants to thoroughly test downstream applications impacted by real-time payments.
- Conditional-based test scenarios with matching response rules. (PACS.002 etc.)
- Tagging of Test Data to allow for test automation and comprehensive regression testing.
Iliad’s FedNow Testing Solution
For a deeper dive into Iliad’s FedNow Testing Solution, take a look at this special guide. It explains how we enable fast and comprehensive instant payments testing and is a must-read for any financial institution preparing to integrate the FedNow Service.
Part of a suite of market-leading test tools
The FedNow Testing Solution is an orchestrated version of our t3 virtualized test platform. t3 is used extensively by financial institutions around the world, each benefiting from more control, reduced implementation costs and greater confidence in their innovation projects.
The t3 platform can virtualise an organization’s entire payments infrastructure in a single browser-based platform, including FedNow, Fedwire, TCH RTP, Card auths, Open API, etc. This means a financial institution using the platform can extend the solution to support broader payments testing across its organisation.
More recently we’ve been providing testing and pre-certification support to two of America’s largest national banks as they prepare for FedNow’s launch.